EXHIBIT 23.2


                               CONSENT OF KPMG LLP

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                                                                   EXHIBIT 23.2

The Board of Directors
Wintrust Financial Corporation

     We consent to incorporation by reference in the Registration Statement on
Form S-8 of Wintrust Financial Corporation relating to the Wintrust Financial
Corporation Retirement Savings Plan of our report dated March 19, 1999, relating
to the consolidated statement of condition of Wintrust Financial Corporation and
subsidiaries as of December 31, 1998, and the related consolidated statements of
operations, changes in shareholders' equity and cash flows for each of the years
in the two-year period ended December 31, 1998, which report is incorporated by
reference in the December 31, 1999 Annual Report in Form 10-K of Wintrust
Financial Corporation.



                                    KPMG LLP



Chicago, Illinois
December 21, 2000


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